A bill for an act limiting campaign contributions to certain candidates, and making penalties applicable.
Impact
If enacted, HF376 modifies existing campaign finance laws, likely resulting in more equitable access to funding among candidates. Proponents argue that these limits will reduce the influence of money in politics and enable a wider range of candidates to compete effectively. Additionally, the bill includes provisions for penalties in case of violations, such as being guilty of a serious misdemeanor, which can lead to jail terms or fines. This aspect of the bill is designed to enhance compliance with campaign finance regulations and ensure transparency in political contributions.
Summary
House File 376 (HF376) is a legislative proposal aimed at regulating campaign contributions for candidates running for statewide office, as well as state senators and representatives. The bill establishes specific limits on contributions that can be made by political committees, national political parties, statutory political committees, and individuals. For statewide offices, an individual generally may not contribute more than $4,000, while the limit for political committees is set at $4,000 and for national or state parties at $40,000. For candidates for state legislature, the caps are considerably lower, with individuals limited to $1,000 and political committees at $1,000, and parties at $10,000.
Contention
The bill is likely to spark contention amongst various stakeholders. Supporters contend that limiting contributions is essential for fostering democratic elections free from excessive influence by wealthy individuals or organizations. Conversely, some critics may argue that strict contribution limits could undermine the ability of candidates to mobilize funds necessary for successful campaigns. Furthermore, if candidates perceive these limits as restrictive, it could discourage participation in the electoral process, raising concerns about fairness and representation.
A bill for an act relating to limitations on campaign contributions by nonresident individuals, making penalties applicable, and including applicability provisions.
A bill for an act relating to consent for recurring contributions made to a political or candidate's committee, making penalties applicable, and including applicability provisions.
A bill for an act relating to matters before the Iowa ethics and campaign disclosure board, including campaign finance filings, attribution statements, and delinquent payment penalties.(Formerly HF 2168, HF 638, HSB 210.)
Campaign finance: contributions and expenditures; acceptance of certain contributions by judge or justice; prohibit. Amends 1976 PA 388 (MCL 169.201 - 169.282) by adding sec. 30a.
Campaign finance: other; certain campaign contribution limits; reduce. Amends secs. 52, 52a & 69 of 1976 PA 388 (MCL 169.252 et seq.) & repeals sec. 46 of 1976 PA 388 (MCL 169.246).